75089 W 550 N, Roann, IN 46974 - Wabash County

General Information

There is a 1% BUYER'S PREMIUM on all tracts.

-Total Acres: 565.16

Tillable Acres: 524.11

Wooded Acres: 10.51

Home Acres: 4.70

-Paw Paw Township - Wabash County, IN

-Noble Township - Wabash County, IN

-Liberty Township - Wabash County, IN

-Type of Sale: Auction

-Excellent Quality Farmland, Modern Grain Operation, Fertilizer & Equipment Storage, Rural Residence

-Status: New

-HLS#: AJJ-12045

Real Estate Auction Information

Auction Date: November 15, 2017

Auction Time: 6:30 PM Eastern Time Zone

Auction Location: Heartland REMC : 350 Wedcor Ave, Wabash IN 46992

Open Houses

Date: October 30, 2017 Time: 4:00 PM - 6:00 PM

Date: November 02, 2017 Time: 4:00 PM - 6:00 PM

Type Of Operation: Farm - Recreational

Current Zoning: Agricultural

School System: Metropolitan School District of Wabash County

Building Description: Tract 8 - Dwelling - The dwelling is a 2 story frame home with vinyl siding, asphalt shingle roof, three bedrooms, and two bathrooms. The Equipment Storage barn is 120' X 120' with pole construction, metal roofing, metal siding on the north and south and open to the east and west. There are 5 additional small storage buildings. Grain Bins - There is a 60,000 bushel grain bin constructed in 2007, a 5,000 bushel bin, and a 10,000 bushel bin. Tract 9 - Hoop Barn 60' X 100' hoop barn with concrete floor.Tract 10 Buildings - Fertilizer Storage Building - The Fertilizer Storage building is 80' X 80' with a 24' X 60' lean to on the east side. The building has a concrete floor, two overhead doors on the north, and one overhead door on the east. Shop - The shop is 50' X 75' with metal siding, metal roof, concrete floor, and insulated. There are three other additional storage buildings. Grain System - The grain system consists of a 40,000 bushel bin, 36,000 bushel bin, 125,000 bushel bin, 75,000 bushel bin, and a 23,000 bushel hopper bottom wet holding tank. The grain system has a Brock ME2650S dryer, dump, a 7,000 bushel per hour leg, and a 10,000 bushel per hour leg. There are two 12,000 gallon L.P. Tanks.

Annual Taxes: $19,028.28

Ditch Assessment: $873.72

Topography: Level

Soil: Crosby silt loam, Cyclone silt loam, Fincastle silt loam,

Farm Name: Schuler & Pro Ag LLC Receivership

Property Address: Tract 8: 7509 W 550 N, Roann, IN 46974

Region: IN

General Location: Tracts 1-4: 6 miles Southeast of Wabash, Tract 5: 3 miles South of Wabash, Tract 6-7: 4 miles East of Roann, Tracts 8, 9, 10: 1.5 miles South Southwest of Roann

Legal Description: LIBERTY TWP - Tract 1: 83.28 Acres, more or less, located in a part of the fractional W of Sec 6, T26N, R7E; Tract 2: 114.77 Acres, more or less, located in a part of the fractional NW of Sec 7, T26N, R7E; Tract 3: 113.15 Acres, more or less, located in a part of the fractional SW of Sec 7, T26N, R7E; Tract 4: 40.47 Acres, more or less, located in the NW of the SE of Sec 7, T26N, R7E;NOBLE TWP - Tract 5: 40 Acres, more or less, off of the West side of the NE of Sec 33, T27N, R6E;PAW PAW TWP - Tract 6: 89 Acres, more or less, located in a part of the E of the SW of Sec 33 and a part of the W of the SW of the SE of Section 33, T29N, R6E; Tract 7: 63.99 Acres, more or less, located in a part of the S of the NW of Sec 33 containing 63.08 acres, more or less, and 30 feet off of the North part of the W of the SW of Sec 33 containing 0.91 acres more or less, in T29N, R6E; Tracts 8 & 9: 15.01 acres, more or less, located in a part of the S of Sec 2, T28N, R5E; Tract 10: 5.49 Acres, more or less, in a part of the W of the NW of Sec 12, T28N, R5E all in Wabash County, State of Indiana